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MegadealsSubsidy Tracker Individual Entry
Company: The Michaels Organization
Parent Company:
Subsidy Source: local
Location: Illinois
City: Chicago
County: Cook
Address: 835 E 63rd St
Project Description: Located at the southeast corner of 63rd Street and Maryland Avenue in the Woodlawn Community Area, Park Station will consist of the new construction of a five-story elevator, mixed-use, mixed-income building. The building will house 68 rental units, two live/work units, forty exterior on-site parking spaces, and three retail/commercial units on the first floor. The first floor will also house tenant amenity spaces which may include a fitness room, bike storage, resident lounge and business center. The development team will consist of a joint venture between The Michael's Organization and DL3 Realty.
Year: 2021
Subsidy Value: $5,000,000
Program Name: Chicago: Tax Increment Financing
Awarding Agency: Chicago Department of Planning and Development
Type of Subsidy: tax increment financing
Source of Data:
(click here)
Notes: Subsidy value is approved amount. Investment data is total projected project cost. Year is year credit approved.
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inventory page for an updated link.